Film fanatics love visiting New York City since the city has been featured in so many memorable movies. In Manhattan, especially, you are never far from some area that was used as a backdrop for a movie that you have seen. This post looks at some of the best movies...
The Nature of the Enron Scandal: Revenue Recognition The Enron scandal cannot be attributed to just one type of financial scheme or even just one person. Rather, it was an amalgam of complex events that contributed to the company’s eventual collapse. So complex, in...
Part 2 Legislative Intent Behind Section 953 This Act is not the first time Congress has attempted to address matters of executive compensation. As recently as 2002, Congress passed Public Law Number 106-204 resulting in the enactment of the Sarbanes-Oxley Act (“Sox”...
While it is apparent that the maximum condition of the duty of loyalty exists in the context of a properly thorough analysis such as this one, the resolution of our foregoing hypothetical illustrates that, in its current state, it may not be sufficient to exercise the...
